Zhou Yanling: 7.12 Bitcoin and Ethereum's latest trend forecast analysis and operational strategies today

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周彦灵
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3 months ago

周彦灵: Bitcoin and Ethereum's latest trend forecast analysis and trading strategies for July 12

Last night, taking advantage of the favorable CPI data, there was a brief upward spike. There's not much to analyze about this. I'm a bit tired today, so I won't go into too much detail. I'll just talk about the upcoming trading layout. It's very clear that the market rhythm is no longer the kind of oscillation where encountering resistance leads to a decline. The characteristics of a one-sided and independent market are very obvious. The current trend is characterized by a sharp drop after going up, followed by a direct surge upwards. Don't think this is nonsense. At the very least, it's bullish. I don't need to be wishy-washy about short-term support and a few hundred points of space. Just keep holding on to the upward trend, no matter how it rises. If there is another sharp drop, then it depends on how well you manage your risk. You will definitely incur losses, but you have to set the amount based on your own ability. You don't need others to teach you, right? It's not all about cooperation. To be direct, focus on long positions at support levels of 56800 and 56000, and pay attention to resistance levels at 59600 and 60800.

Bitcoin Trend

Bitcoin trading strategy for July 12:

  1. Long at 57000-57400, stop loss below 56500, target 58500-59000.
  2. Short at 59200-58700, stop loss above 59700, target 57600-57200.

[The above analysis and strategies are for reference only. Please bear the risks on your own. The article's review and release may lag behind, and the strategies may not be timely. Please refer to Yan Ling's real-time strategy for specific operations.]

Bitcoin Strategy

This article is exclusively authored and shared by senior analyst Zhou Yan Ling (WeChat public account: Zhou Yan Ling). I have been engaged in financial market investment research for more than ten years, mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations. If you need to learn more about real-time community guidance, consultation on getting out of a predicament, or learning chart reading skills, you can follow the teacher's public account "Zhou Yan Ling" to find the teacher.

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